Earlier this month, the PGA Tour sent shockwaves through the golf community by declaring its decision to merge with the rival LIV Golf. Mere hours after the announcement, however, another surprising revelation involving Tiger Woods and Rory McIlroy took over the golf world.

After waiting for months, golf fans finally got a glimpse at the first team in the TGL, a new golfing league launched by two PGA Tour pros. To make things even better, the brand-new franchise, Los Angeles Golf Club (LAGC), will be owned by tennis legend Serena Williams along with her sister and husband!

With many more teams set to follow suit, new details about the league and its structure continue to come to light. Let’s dive in to learn more about what sets the TGL apart from the controversial LIV Golf!

Tiger Woods and Rory McIlroy’s upcoming TGL league starkly contrasts the Saudi-backed LIV Golf

Last year, golfers Tiger Woods and Rory McIlroy, along with sports executive Mike McCarley, launched their new company called  TMRW Sports. TGL, the first initiative under the venture, has already gained significant attention from golf fans. After all, from Serena Williams to Lewis Hamilton to Justin Timberlake, the league boasts a long list of big-name investors.

In April, Sportico offered further insight into the equity structure of the TGL. Per their report, four different groups will have ownership of the league. TMRW will have the maximum equity stake at 54%. Meanwhile, the PGA Tour will hold another 18%, and six team owners will boast a combined 18% control. The players will hold the remaining 10%.

The ownership structure is great news for the likes of Jon Rahm, Justin Thomas, and Matt Fitzpatrick, all of whom have committed to participate in the league. The TGL’s composition greatly contrasts that of the Saudi-funded LIV Golf.

Also Read: Days After a ‘Gingerly’ Update, Tiger Woods Takes the Glory of US Open Away With a Disappointing News

Unlike the TGL, Greg Norman’s league has given only its principal players and team captains, Phil Mickelson, Bryson DeChambeau, and more, 25% equity in their respective teams. Meanwhile, LIV retains the remaining 75% ownership!

More details about the TGL are expected to come out down the road. Fans are now looking forward to the launch of the remaining teams after the reveal of the Los Angeles Golf Club!

First team in Tiger Woods’ TGL revealed to the world

So far, all the details about Tiger Woods and Rory McIlroy’s TGL have evoked great excitement in fans. All six teams in the league will come with a geographical affiliation. However, the matches will be held at an indoor facility at Palm Beach State College in South Florida. The league is planning to employ new-age technology, a grand simulator, a fan-friendly format, and more to revamp the game of golf completely.

Earlier this month, TGL revealed the name of its first-ever team, the Los Angeles Golf Club. Reddit creator Alexis Ohanian along with Serena and Venus Williams, will serve as the franchise’s owners. Furthermore, fans also got a glimpse of the team’s new logo and an exciting 30-second promo video!

“Los Angeles is the perfect home for our TGL team. This city embodies the intersection of sports, technology, and entertainment, making it an ideal backdrop for the innovation and excitement we aim to bring to the world of golf and its fans,” Ohanian shared in a statement concerning the LAGC. Down the road, the golf world can expect a lot more information to come in regarding the exciting new venture!

Watch This Story: NFL Goat Tom Brady’s Golf Partner Coaxes Tiger Woods Into a Chilly Exchange In Front of Live Camera

Are you excited about the TGL? What are your expectations from the league? Tell us in the comments!